1. #1
    newguy
    [Too Long]
    newguy's Avatar SBR PRO
    Join Date: 12-27-09
    Posts: 6,100
    Betpoints: 9990

    Seeking up to 2000 betpoints loan

    Looking to increase position in SBR sharps fund if I get good number. Will use shares as collateral so looking for lower interest loan then standard terms as your risk is much lower. Let me know terms.

  2. #2
    zacharyj53
    zacharyj53's Avatar Become A Pro!
    Join Date: 08-07-10
    Posts: 2,514
    Betpoints: 37

    Just being honest with you, most probably would just buy the points themselves if they wanted the risk of the sharps fund instead of lending for the very same thing. GL to you though.

  3. #3
    newguy
    [Too Long]
    newguy's Avatar SBR PRO
    Join Date: 12-27-09
    Posts: 6,100
    Betpoints: 9990

    I will pay back full loan value plus interest. What I mean is that it's not like I am taking points to sportsbook. It's the difference between mortgage loan and general purpose loan. You are collaterized with something. That's my hope but open to offers.

  4. #4
    Triple_D_Bet
    Triple_D_Bet's Avatar Become A Pro!
    Join Date: 12-12-11
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    I could do up to 2,000 points per standard terms (http://www.sportsbookreview.com/forum/betpoints/...onditions.html). Weekly interest rate 1% (when I'm not too lazy to apply it). Collateral doesn't really apply here; if you decide not to pay it's not like the lender can petition to take over the shares whether they gain or lose. Let me know if interested!

  5. #5
    newguy
    [Too Long]
    newguy's Avatar SBR PRO
    Join Date: 12-27-09
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    Betpoints: 9990

    Quote Originally Posted by Triple_D_Bet View Post
    I could do up to 2,000 points per standard terms (http://www.sportsbookreview.com/forum/betpoints/...onditions.html). Weekly interest rate 1% (when I'm not too lazy to apply it). Collateral doesn't really apply here; if you decide not to pay it's not like the lender can petition to take over the shares whether they gain or lose. Let me know if interested!
    So payback would be 2,300 plus 1% per week? If I borrowed 2,000 for 13 weeks, made no payments (not the case but making sure I understand the math correctly) - I would owe a little over 2,600 points? Does that sound right??

  6. #6
    Triple_D_Bet
    Triple_D_Bet's Avatar Become A Pro!
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    Quote Originally Posted by newguy View Post
    So payback would be 2,300 plus 1% per week? If I borrowed 2,000 for 13 weeks, made no payments (not the case but making sure I understand the math correctly) - I would owe a little over 2,600 points? Does that sound right??
    Little er 2,600; for a 2000 loan, 1% wouldn't start until after 2 weeks (March 17th in this case)...otherwise, that's correct.

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